Skip to main content

2018 Q3 Portfolio Update

Breakdown as follows:



 Shares held  Current share price value 
AIMS AMP  81000 1.42 115020
Ascendas Htrust 235000 0.82 192700
Cache log 13600 0.74 10064
CRCT 35000 1.44 50400
Ezion 19500 0.074 1443
First Reit 40000 1.24 49600
Frasers Log 189700 1.07 202979
KepCorp 5000 7 35000
Sasseur REIT 40000 0.72 28800
Singtel 42000 3.23 135660
Starhill Global Reit 20000 0.695 13900
Unnamed7611 6 45666
Warchest 260632.4
TOTAL $1,141,864.4


The total portfolio value has exceeded 1.1M, which was my target set in the initial part of the year. However, it should be noted that around $45k of the portfolio are shares of the company I work for. These shares are escrowed and cannot be sold until 2020 (earliest). While these shares would earn dividends, they do not constitute a liquid portion of my portfolio.

I am still holding on to too much cash for my liking. Ideally, I would like to deploy most of it before Christmas. But finding good value in today's market is horrendously difficult.

My portfolio is now 80% REITS/trusts and 20% non-REITs. The non-REIT components are mainly composed of Singtel, Keppel Corp and the escrowed employee shares. I am happy with a 80-20 distribution for now.

Happy to say that my FI plans appear right on schedule.  Looking forward to December, wherein the combined Dividends from Frasers, AIMs, Ascendas and First REIT should make for a Merry Merry Xmas. Ho Ho Ho.






Comments

Post a Comment

Popular posts from this blog

Smoke, mirrors, bungalows and mistresses

People care way too much about a couple of colleagues fucking each other. The only people who should care this much are the aggrieved spouses and the family members who were hurt and embarrassed.  If you are not one of them, then shut the fuck up already. Who cares? The fact that they fucked or are still fucking doesn't affect you in the least bit. So quit the vomit-inducing moralizing.  But do you know what is detrimental to you, the hardworking taxpayer slogging 10-14 hours a day to make ends meet? 1)      That the Government apparently provides a special class of rental properties, one in which only a TINY TINY group of people may afford, in particular, those who can comfortably pay >20k a month in rent. Suffice to say, a real tiny and privileged bunch including people like, say, K Shanmugam and Vivian Balakrishnan. 2)      That the Government is happy to willy-nilly spend close to half a million tax dollars to make these properties "habitable".  Imagine renting out
2 comments
Read more

As a Dividend Investor - I am having fun staying poor

Recently, there was a self-styled "master" who went around dissing dividend investing, saying things like REITS will chibaboom (his words not mine). Ironically, the master also invested into "growth stocks" like BABA and notably SE before its recent implosion.  Masterstrokes indeed. Dividend/income investors have borne the brunt of "have fun staying poor" taunts since the dawn of time.  Previously from the crypto bros and then from the growth investors. This is nothing new.  Every growth investor likes to talk about Tesla. But where are the ARK ETF investors? Where are the NIO bulls? Where are the BABA fanatics? Even a broken clock is right twice a day.   Good luck to those who retired on a portfolio of "growth stocks", hoping to spend 4% annually on an expected annualized portfolio growth rate of 10%.  Without dividends, one would have no choice but to liquidate part of the portfolio for meeting expenditures.  The damage done might never be reco
13 comments
Read more

Is it finally the end of the tunnel for REITs

General Mood Market is expecting interest rates to hold after US CPI data came out on 14 November and pointed to softening prices across the board. Oil has also retreated nearly 20% since its recent peak in Sep 2023.  Are we finally reaching the end of the tunnel for battered REIT assets?  My gut tells me that we are at early stages of recovery although we may possibly still see a couple more rate hikes in 2024.  Nonetheless, barring further escalation of global military conflicts and an unmitigated collapse of the Chinese housing market, both of which seem unlikely but can never be completely ruled out, we may start to see a gradual recovery in DPU for REITs (as rental reversions go up but interest expenses stay constant or go down).    What I did in 2023 (Not to be construed as recommendations or investment advice.) Throughout 2023, I have continued to load up on REITs which (i feel) have:      i. Good sponsors (Capland, Frasers, Maple family)      ii. Comparatively lower gearing (be
1 comment
Read more